Can a private limited company buy residential property
Can a private limited company buy residential property? Yes, a private limited company can purchase residential property.
As a legal entity, a private limited company has the capacity to own, acquire, and sell property, including residential properties, in accordance with the applicable laws and regulations of the jurisdiction where the property is located.
To visit https://www.mca.gov.in
However, it is important to consider the specific legal and tax implications associated with property ownership by a company, as they can vary depending on the jurisdiction.
It is advisable to consult with a professional, such as a lawyer or accountant, who is familiar with the local laws and regulations to ensure compliance and understand the implications of buying residential property through a private limited company.
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